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Asset Acquisition Loan (ACL)

Low and medium income existing and potential customers who want to acquire either business or personal assets such as  bicycle, motorcycle, motor vehicle, land, grinding mills, computers, tractors, Fridges, furniture in the house, etc.

Features
Loan amount : UGX 100,000 – 1% core capital
Interest rate : 30% Flat p.a. for loans below 10M and 25% for loans above 10M
Loan period : 1- 36 months
Target Market
Low and medium income existing and potential customers who want to acquire either business or personal assets such as bicycle, motorcycle, motor vehicle, grinding mills, ox plough, computers, tractors, Fridges, furniture in the house, radio, TV

Agriculture Loan (AGI)

Rural active farmers and customers in cattle fattening, agriculture/crop farming, production, dairy, poultry, livestock breeding, produce marketing, processing, transportation and others who wish to add value and/or increase production, purchase farm equipment/machinery, extension services, water dams, etc.

Features
Loan amount : UGX 100,000 – 1% core capital
Interest rate : 25% flat p.a.
Loan period : 1- 36 months
Target Market
Rural active farmers and customers in cattle fattening, agriculture and crop farming, crop production, dairy, poultry, livestock breeding, produce marketing, processing, transportation and others.

Flexible Housing Loan (FHL)

Features
Loan amount : UGX 100,000 – UGX 3,000,000
Interest rate : 25% flat p.a.
Loan period : 1- 36 months
Target Market
Low income active groups or individual clients who wish to upgrade their housing standards.

Micro Business Group Loan (MBG)

Features
Loan amount : UGX 100,000 – UGX 5,000,000
Interest rate : 30% flat p.a.
Loan period : 1- 24 months
Target Market
Low income active micro business entrepreneurs without formal security to acquire a credit facility for productive purpose.

Micro Business Individual Loan (MBI)

Features
Loan amount : UGX 100,000 – UGX 5,000,000
Interest rate : 30% flat p.a.
Loan period : 1- 24 months
Target Market
Low income active micro business entrepreneurs with formal security to acquire a credit facility for productive purpose. This includes the provision of additional finance to a borrower’s current assets, but not for financing fixed assets or any other investment.

Micro Mortgage Loan (MML)

Features
Loan amount : UGX 500,000 – 1% core capital
Interest rate : 30% flat p.a. for loans below 10M and 25% for loans above 10M
Loan period : 1- 36 months
Target Market
Existing and potential individuals who wish to Purchase identified land, Build/complete commercial or residential house, Renovation of existing property e.t.c.

Small Business Loans (SBL)

Features
Loan amount : UGX 50,000,000 – UGX 10,000,000
Interest rate : 28% flat p.a.
Loan period : 1- 24 months
Target Market
Low income active micro business entrepreneurs with formal security to acquire a credit facility for productive purpose. This includes the provision of additional finance to a borrower’s current assets, but not for financing fixed assets or any other investment.

Salary Earner’s Loan (SEL)

Salaried employees from reputable organizations seeking short term financing for school fees, medical expenses, investment in income-generating activities, land acquisition, purchase of furniture and equipment, purchase of vehicle and other personal needs.

Features
Loan amount : UGX 100,000 – UGX 10,000,000
Interest rate : 30% flat p.a.
Loan period : 1- 24 months
Target Market
Salaried employees from reputable organizations seeking short term financing for school fees, medical expenses, investment in income-generating activities, land acquisition, purchase of furniture and equipment, purchase of vehicle and other personal needs.

School Fees Loan (SFL)

Students, parents/guardians, social groups who need credit for school fees, accommodation etc. to ensure that their most precious gifts are in school always.

Features
Loan amount : UGX 100,000 – UGX 5,000,000
Interest rate : 30% flat p.a.
Loan period : 1- 6 months
Target Market
Students, parents/guardians, social groups who need credit for school fees, accommodation e.t.c.

Small & Medium Enterprise Loan (SMM)

Features
Loan amount : UGX 10,000,000 – 1% core capital
Interest rate : 25% flat p.a.
Loan period : 1- 36 months
Target Market
The purpose of the loan is to provide finance to small & medium enterprise entrepreneurs for any productive purpose. This includes mainly the provision of additional finance to a borrower for working Capital, purchase of Business Asset like transport or machinery, Construction/Building, purchase of land, Agricultural expansion, e.t.c.

Small Business Loans (SBL)

Features
Loan amount : UGX 5,000,000 – UGX 10,000,000
Interest rate : 28% flat p.a.
Loan period : 1- 24 months
Target Market
Low income active micro business entrepreneurs with formal security to acquire a credit facility for productive purpose. This includes the provision of additional finance to a borrower’s current assets, but not for financing fixed assets or any other investment.

School Development Loan (SDL)

Schools who wish to acquire school assets and/or expand, Construction of class room Blocks, Meeting school operational costs such as buying food, paying teachers’ salaries etc.

Features
Loan amount : UGX 1,000,000 – 1% core capital
Interest rate : 30% flat p.a. for loans below 10M and 25% for loans above 10M
Loan period : 1- 36 months
Target Market
Schools for Construction of class room Blocks, Meeting school operational costs e.g. Buying food; paying teachers’ salaries e.t.c.